Chicago, June 7 – Hong Kong Monetary Authority auctioned HK$2.5 billion of government bonds due June 29, 2027 in a reopening of the issue on Wednesday, according to an announcement.
The issue was oversubscribed by 4.17x, as HK$10.437 billion of applications were received.
The average acceptance price is 91.85, implying a yield of 3.447%.
The lowest price accepted was 91.77 for a yield of 3.469%.
| Issuer: | Hong Kong Monetary Authority
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| Amount: | HK$2.5 billion
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| Issue: | Government bonds (10GB2706)
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| Maturity: | June 29, 2027
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| Price: | 91.85
|
| Yield: | 3.447%
|
| Trade date: | June 7
|
| Settlement date: | June 8
|
| Marketing: | Auction
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